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Acquisition gives pharmaceutical group mid-stage asset to challenge Novartis in new form of cancer care
Industry grappling with slowdown in sales growth and rise of cheaper models from China
CEO Andrew Schlossberg says the $1.6tn asset manager is also open to deals in private credit
FTSE 250 merchant bank takes ‘prudent’ measures to strengthen its balance sheet amid FCA review
Carmaker says seven in 10 customers paid more than €40,000 for add-ons last year as it delays all-electric model launch
Chief executive Jensen Huang claims Blackwell GPUs are substantially faster than its market-leading AI hardware
A year on from its rescue of Credit Suisse, the Swiss banking behemoth must make a success of its wealth business
America’s regulators are proposing a regime that is stricter than the globally agreed standard, provoking a backlash from its banks
PPF and Border to Coast among schemes hunting in secondary market as peers offload less liquid assets
His work led to a landmark shift in the centre of corporate power, from company management to boards
Compromises on regulation will mean more vulnerabilities in a crisis
The tiny central African country was once a hotbed of promise
New class action pursues mining group and project partner BHP over one of Brazil’s worst environmental disasters
People in the US are being squeezed to such an extent that they are spending less altogether
BNP Paribas and Deutsche Bank reduce bonus pool but industry expects an upswing in activity this year
Also in today’s newsletter, Nelson Peltz backs Donald Trump and Nvidia unveils its latest AI chips
Investor interest in European defence businesses picks up amid growing geopolitical instability
Decision to raise allocation to private equity and other assets comes after it missed out on up to $18bn of returns
Consumer group aims for €800mn of cost savings as it separates division
Moving interest rates closer to the central bank’s 2% inflation target could take much longer than expected
Sir John Manzoni joins after difficult year for drinks group
Plus, lawsuits fly after talent raid at Barings and private equity finds a juicy new target
Europe’s global economic standing requires progress on a project that has been in the works since 2015
Company applies to start constructing sodium-cooled reactor near coal plant in Wyoming in June
European defence industry is producing ‘like it is a war’ while society still in peacetime mode, warns Nammo CEO
Brussels has long resisted pressure to levy import duties on food from Russia and Belarus
Too little attention is being paid to the way the technology could fundamentally alter the state
Norwegian edtech group gears up for expansion under private ownership
WuXi AppTec’s business in America under threat by proposed national security legislation
Rate setters will be watching for signs of pay growth feeding inflation
Calls for London and Brussels to relink energy markets to prevent ‘regulatory nightmare’
Deal with Hong Kong-based PAG could provide exit at a discount for US pension funds
Independent body aims to improve financial sustainability of clubs and leagues
One-year-old healthcare start-up gains investment from venture groups including General Catalyst and Andreessen Horowitz
Emissions of planet-warming gas are near record levels despite environmental pledges
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